Description

This analysis provides a forecast of EGLD prices using a Seasonal ARIMA model with Box-Cox transformation. The forecast includes different scenarios:

The confidence levels used are 68%, 95%, and 99.7%, which means there is a corresponding probability that the actual price will fall within the Bear and Bull case range for each confidence level.

The purpose of this model is to help investors understand potential future price movements and make informed decisions based on different market scenarios.

Bear_0.997 Bear_0.95 Bear_0.68 Base Bull_0.68 Bull_0.95 Bull_0.997
2024-10-13 16.789627 19.128910 21.681489 24.674499 28.089192 31.865292 36.360368
2024-10-20 12.940469 15.859544 19.285556 23.606739 28.917591 35.239780 43.350320
2024-10-27 10.383932 13.590234 17.608670 23.022545 30.140291 39.199771 51.641378
2024-11-03 8.807608 12.261538 16.866180 23.468242 32.719509 45.265381 63.647970
2024-11-10 7.640589 11.278269 16.420639 24.243587 35.892577 52.676458 78.843245
2024-11-17 6.493536 10.130881 15.566128 24.312775 38.112120 59.175096 94.018883
2024-11-24 5.342895 8.782701 14.199158 23.391899 38.711847 63.412883 106.648301
2024-12-01 4.423658 7.641114 12.965779 22.472190 39.164457 67.523920 119.919875
2024-12-08 3.795747 6.874690 12.218469 22.233881 40.724908 73.762501 138.068432
2024-12-15 3.336139 6.322492 11.747171 22.399285 43.037402 81.741755 160.963762
2024-12-22 2.917976 5.773755 11.191223 22.312943 44.877013 89.201466 184.410938
2024-12-29 2.656911 5.480832 11.067250 23.040583 48.442646 100.640424 218.152364
2025-01-05 2.347978 5.050070 10.625066 23.102518 50.791837 110.331264 250.881498
2025-01-12 2.021378 4.524508 9.900820 22.442931 51.502475 116.771700 278.043192
2025-01-19 1.775281 4.129836 9.387526 22.155724 53.003541 125.286306 312.003426
2025-01-26 1.628884 3.935391 9.286280 22.804830 56.840476 139.995339 364.443689
2025-02-02 1.516305 3.800634 9.300612 23.741548 61.592071 157.919342 429.346527
2025-02-09 1.374966 3.569465 9.043939 23.957493 64.582417 172.096712 487.825143
2025-02-16 1.201334 3.224085 8.442582 23.164796 64.764028 179.032684 528.072655
2025-02-23 1.050589 2.911415 7.870532 22.342371 64.709907 185.365919 568.282523
2025-03-02 0.946894 2.708129 7.554160 22.175411 66.504107 197.326395 628.515810
2025-03-09 0.870042 2.566424 7.382478 22.396836 69.509687 213.512231 706.178676
2025-03-16 0.792680 2.408922 7.138158 22.355536 71.719701 227.814884 781.518035